Director Shareholding

InterContinental Hotels Group PLC
17 September 2004

SCHEDULE 11

NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS



1. Name of company


InterContinental Hotels Group PLC




2. Name of director(s)


Technical interest of all Executive Directors in common with all potential 
beneficiaries in an Employee Share Ownership Trust



3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest


Shares held by the InterContinental Hotels Group PLC Employee Share Ownership Trust (Jersey)



4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)


Greenwood Nominees Limited, Account no 522000



5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)


No



6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary


Release of shares to participants (not directors) under an Executive Share Option Plan



7. Number of shares / amount of stock acquired


N/A



8. Percentage of issued class


 N/A



9. Number of shares/amount of stock disposed


159,020



10. Percentage of issued class


N/A






11. Class of security


Ordinary shares of £1.00 each



12. Price per share


N/A



13. Date of transaction


16 September 2004



14. Date company informed


16 September 2004



15. Total holding in the Trust following this notification


566,924 Ordinary shares




16. Total percentage holding of issued class following this notification


Negligible



If a director has been granted options by the company please complete the
following boxes.



17. Date of grant


N/A



18. Period during which or date on which exercisable


N/A



19. Total amount paid (if any) for grant of the option


N/A



20. Description of shares or debentures involved: class, number


N/A



21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise


N/A



22. Total number of shares or debentures over which options held following this
notification


N/A





23. Any additional information


N/A



24. Name of contact and telephone number for queries


Liz Searle 01753 540246



25. Name and signature of authorised company official responsible for making
this notification


Liz Searle

Company Secretarial Assistant



Date of Notification


17 September 2004







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